TOWN OF GRANBY
BOARD OF FINANCE SPECIAL MEETING
MINUTES OF MAY 8, 2006
PRESENT: Michael Guarco, Chairman; Gordon Bischoff, B. Scott Kuhnly, Frederick Moffa, OD, and Al Wilke. Mr. Francis Brady arrived during review of minutes.
OTHER ATTENDEES: Barbarajean C. Scibelli, Administration Finance Officer; Gwen Van Dorp, Superintendent of Schools, and Harry Traver, BOE Business Manager
Board of Finance Chairman Guarco called the meeting to order at 7:00 p.m.
MINUTES
The Board reviewed several sets of minutes.
ON A MOTION by Gordon Bischoff, seconded by B. Scott Kuhnly, the Board voted unanimously (5-0-0) to approve the regular meeting minutes of February 17, 2006 as presented.
ON A MOTION by B. Scott Kuhnly, seconded by Al Wilke, the Board voted (5-0-0) to approve special meeting minutes of March 27, 2006 as presented.
ON A MOTION by Al Wilke, seconded by B. Scott Kuhnly, the Board voted unanimously (5-0-0) to approve the special workshop minutes of April 1, 2006 as presented.
ON A MOTION by Al Wilke, seconded by B. Scott Kuhnly, the Board voted unanimously (5-0-0) to approve the public hearing minutes of April 10, 2006 as presented.
ON A MOTION by Al Wilke, seconded by B. Scott Kuhnly, the Board voted unanimously (6-0-0) to approve the special meeting minutes of April 10, 2006 as presented.
ON A MOTION by B. Scott Kuhnly, seconded by Al Wilke, the Board voted unanimously (6-0-0) to approve the special meeting minutes of April 24, 2006 as presented.
STATEMENTS OF ACCOUNTS
Mr. Traver reported on the April Board of Education Statement of Accounts. The total expenditure budget shows a favorable amount of approximately $14,000. This is chiefly accountable from the software account. Mr. Traver indicated that the ECS account is expected to bring in an additional $87,000 more than budgeted. However, Mrs. Scibelli indicated that we are receiving the additional funds, but the amount is actually about $13,200 lower than the Governor’s budget reported for Granby to receive for FY 2006.
In the absence of Town Manager Smith, Administration Finance Officer Barbarajean Scibelli reported on Budget Operations for April 2006. She indicated that revenues are on target and current property taxes are doing better than budget projections. Approximately $315,000 more is expected to be received. Transfers will probably be needed in three expenditure areas: Communications and Dispatching (employee illness), Equipment Maintenance (cost of gas and diesel), and Building Maintenance and Town Grounds (cost of heating oil and electricity). It is anticipated that the police operations account will be able to furnish some assistance for these transfers due to unfilled positions in the department.
BRIEF REVIEW ON STATEWIDE LOCAL BUDGET INFORMATION
Chairman Guarco indicated that there were several articles included in the agenda for the Board’s reading about other towns and their budgets. Some of the towns he mentioned were Bridgeport, Andover, Tolland, and Suffield.
COMPUTER MODEL
Chairman Guarco and Gordon Bischoff went through one computer model line by line for review of how the model works. Certain categories were discussed. They were Budget Operations for Board of Selectmen and Board of Education, Grand List, mill rate, and General Fund Balance. Other computer models were viewed to show different scenarios of computer models when multiple assumptions were demonstrated.
ADJOURNMENT
ON A MOTION by Gordon Bischoff, seconded by B. Scott Kuhnly, the Board voted unanimously (6-0-0) to adjourn the meeting at 8:45 p.m.
Respectfully submitted,
Patricia I. Chieski
Recording Secretary
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